Current bid and ask prices for abc stock

Assignment Help Finance Basics
Reference no: EM132467361

1. The following are the current bid and ask prices for ABC stock as well as the number of shares that can be bought or sold at these prices:

Bid Ask

Price #Shares Price #Shares

143:19 100 143:21 100

143:17 100 143:22 200

143:16 100 143:23 200

Assuming your order has no impact on these available quotes, what would be your loss if you buy and then sell 300 shares of ABC, all via market orders?

(a) $11

(b) $12

(c) $13

(d) $14

(e) None of the above

Reference no: EM132467361

Questions Cloud

What is the adjusted present value : All principal will be repaid in one balloon payment at the end of the fifth year. What is the adjusted present value (APV) of the project?
Determine the accounting tax purposes : For accounting tax purposes is that will be a permanent or temporary difference if yes. Will you add it or subtract it to earning before taxes. For which amount
Will the cost of carry model work for an agricultural market : Will the cost of carry model work for an agricultural market?
What must the contributions be : To reach his goal, what must the contributions be? Assume a 8.00% interest rate.
Current bid and ask prices for abc stock : 1. The following are the current bid and ask prices for ABC stock as well as the number of shares that can be bought or sold at these prices:
Calculated the straight-line method : Calculated using the straight-line method. At the time the equipment was purchased, the company estimated a residual value of $4,200 and a two-year service life
Fund return to investors beat the benchmark return : The return on the fund's benchmark over the same period of time was 10%. What was the return to investors in the fund? Did the fund's return to investors beat
What are 3 fundamental decisions that are of concern : What is the impact of these on the balance sheet? The three fundamental decisions are capital budgeting, financing decisions, and working capital decisions.
Geometric return of xyz over time period : Which of the following is closest to the geometric return of XYZ over this time period?

Reviews

Write a Review

Finance Basics Questions & Answers

  Write an email to employees about new security procedures

Write an email to employees explaining the rationale for the new procedure, where to get an ID card, and how the process will work. Invent whatever details you believe employees will need in order to understand the change.

  What is the amount of nickel total assets

What is the amount of Nickel's total assets at the end of 2011? What is the amount of Nickel's retained earnings at the end of 2011?

  Prepare a statement of changes in stockholders equity of

on january 1 2007 the osborne company reported the following alphabetical list of stockholders equity itemsadditional

  The genesis operations management team is now preparing to

the genesis operations management team is now preparing to implement the operating expansion plan. previously the

  Earnings in the firm to finance growth

Chastain's Gardening Supplies, Inc. is a young start-up company. It plans to pay no dividends over the next five years because it needs to reinvest all earnings in the firm to finance growth.

  How much did voorhees pay in cash dividends

Voorhees Company has stockholders' equity of $400,000 and net income of $72,000. It has a payout ratio of 18% and a return on assets of 20%.

  Prepare a briefing for senior management

Prepare a briefing for senior management in your firm encouraging them to consider internationally diversifying the firm's liquid asset portfolio with ADRs.

  What is the npv of one day sales

If the cost of capital is 12%, what is the NPV of one day's sales if Arnold grants credit.

  What is sally taxable income

Sally is single with a gross income of $51000.She has no adjustments to gross income, but she does have itemized deductions totaling $4,275.

  What is the weighted average cost of capital

If the after tax cost of debt is 4% the cost of preferred stock is 7% and the cost of common stock is 10%, what is the weighted average cost of capital?

  Weight of the new project in the firm

a) What is the value of the new project, discount at its true cost of capital? b) What is the weight of the new project in the firm?

  Differences between the methods of translation

Determine the main similarities and differences between the two (2) methods of translation. Assuming one (1) of the subsidiaries of XYZ, Inc. is located.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd